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425 Maverick Street
- • 2 joined lots totaling ±25,000 Ground SF
- • 2 story multi family w/ 8 units
- • 2 story duplex
- • 2 story duplex
- • 1 story A-frame dwelling
- • Current annual rent roll of $190k
- • Cap rate: 7.5%
- • Fully leased up with 92% renewed tenants and 7% rent increases YoY
- • Minimal future Capex investment
- • Multifamily Income property with solid redevelopment opportunity.
- • Located next to San Antonio College
- • Great connectivity to downtown San Antonio and proposed baseball stadium.
Property Description
Located next to San Antonio College in Tobin Hill, this multifamily income property has solid redevelopment opportunity. Property features 2 joined lots with a 2 story, 8 unit building, a 2 story duplex, 1 story duplex and a 1 story A-frame dwelling. Great connectivity to downtown San Antonio and the proposed baseball stadium.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,450,000 |
| No. of Units: | 8 |
| Year Built: | 1985 |
| Lot Size: | 0.46 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $306,250 |
| Property Website | Click Here |
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